Ultimate Wealth Private Limited

Provides financial services such as stock brokering, mutual fund advisory, and insurance.

2007 | Bangaluru, Karnataka (India) | Active
Last Updated: January 11, 2025

Ultimate Wealth Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.82 M
  • Company Age 17 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 7.92%
  • Profit Growth -18.36%
  • Ebitda -10.39%
  • Net Worth 23.10%
  • Total Assets 24.80%

About Ultimate Wealth

Ultimate Wealth Private Limited (UWPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 February 2007 and has a history of 17 years and 11 months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Ultimate Stocks Private Limited. The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 2.82 M, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Ultimate Wealth Private Limited India is Venkat Vardhan as CEO. Lakshmi Sridharan, Jayanthi Sridharan, and Venkat Vardhan serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U67110KA2007PTC041877

  • Company No.

    041877

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Feb 2007

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services

Who are the key members and board of directors at Ultimate Wealth?

Executive Team (2)

Name Designation Appointment Date Status
Lakshmi Sridharan Country flag representing In Managing Director 23-Feb-2007 Current
Venkat Vardhan CEO 04-Nov-2023 Current

Board Members (2)

Name Designation Appointment Date Status
Venkat Vardhan Country flag representing In Director 10-Dec-2022 Current
Jayanthi Sridharan Country flag representing In Director 23-Feb-2007 Current

Financial Performance of Ultimate Wealth.

Ultimate Wealth Private Limited, for the financial year ended 2019, experienced modest growth in revenue, with a 7.92% increase. The company also saw a substantial fall in profitability, with a 18.36% decrease in profit. The company's net worth Soared by an impressive increase of 23.1%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
7.92%
Revenue from Operations
9.75%
Total Assets
24.80%
Profit or Loss
-18.36%
Net Worth
23.10%
EBITDA
-10.39%

What is the Ownership and Shareholding Structure of Ultimate Wealth?

In 2019, Ultimate Wealth had a promoter holding of 99.29% and a public holding of 0.71%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Ultimate Wealth?

Ultimate Wealth has a workforce of 23 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ultimate Wealth, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Ultimate Wealth's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Ultimate Wealth

Recent activity within the organization

  • Annual General Meeting

    Ultimate Wealth Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Ultimate Wealth Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Venkat Kanduri Vardhan was appointed as a Ceo was appointed as a Ceo on 04 Nov 2023 & has been associated with this company since 1 year 3 months .

    04 Nov 2023

  • Director Appointment

    Venkat Kanduri Vardhan was appointed as a Director was appointed as a Director on 10 Dec 2022 & has been associated with this company since 2 years 1 month .

    10 Dec 2022

  • Director Appointment

    Lakshmi Narasimhan Sridharan was appointed as a Managing Director was appointed as a Managing Director on 23 Feb 2007 & has been associated with this company since 17 years 11 months .

    23 Feb 2007

  • Director Appointment

    Jayanthi Sridharan was appointed as a Director was appointed as a Director on 23 Feb 2007 & has been associated with this company since 17 years 11 months .

    23 Feb 2007

Frequently asked questions

  • Ultimate Wealth Private Limited was incorporated on 23 Feb 2007.

  • The authorized share capital of Ultimate Wealth Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.82 M.

  • Currently 4 directors are associated with Ultimate Wealth Private Limited.

    • Lakshmi Narasimhan Sridharan
    • Jayanthi Sridharan
    • Venkat Kanduri Vardhan
    • Venkat Kanduri Vardhan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ultimate Wealth Private Limited is Prabha Arcade 45/46/47 F.Floor Khadi Layout Vivekananda Ngr Kathriguppee Main Rd., B 3Rd Stg India, Bengaluru, Karnataka, 560085.

  • The corporate identification number (CIN) of Ultimate Wealth Private Limited is U67110KA2007PTC041877 and the company number is 041877 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ultimate Wealth Private Limited is https://www.ultimatewealth.in

  • According to the financial reports for the fiscal year 2019, the revenue trend for Ultimate Wealth Private Limited has risen by 7.92%.

  • As Per 2019 financial reports, 23 employees are currently employed by Ultimate Wealth Private Limited.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Ultimate Wealth Private Limited has experienced an upsurge of 23.10%.

  • The most recent Balance Sheet for Ultimate Wealth Private Limited was filed with the ROC on 31 Mar 2024.

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